Stable market at a low level of activity for European engineering consultancy services

The EFCA Autumn 2014 Barometer report demonstrates that the markets in southern Europe have stabilised after five years of decline.

However, at the same time markets in central and northern Europe appear to be slowing down.

As a general trend, the engineering consultancy industry in Europe seems to follow the general weak growth of the European economies and its growth outlook is related with the investment activity in gross fixed capital formation in Europe.